In addition to an AFK timeout logout that they sorely need to implement, SQEX really need to provide current launch players with some relief by giving players a timer limit for staying logged in.
Say 3 hours of game time before a compulsory logout (with a 15-20 minute warning before the player will be logged automatically) - at which time you can go directly back into the waiting queue - which ideally won't be so bad because AFKers are getting logged out and people are getting logged out.
I mean, yeah that sounds kinda bad... until you realize we're dealing with the current alternative which is wait 3 hours, pressing 0 on numpad or A/X on gamepad to *possibly* get into the game.
Unfortunately, due to tragedy of the commons, few people are going to log out once they're in - the wait times and queues only encourage and incentivize this behaviour, which in turn exacerbates the wait times and queues.